TORONTO, Jan. 17, 2012 /CNW/ - Miller Tabak Roberts Securities, LLC ("MTR") today announced that it has been renamed GMP Securities, LLC following its acquisition by Toronto-based GMP Capital Inc. ("GMP") (TSX: GMP) in September 2011. The name change, which is effective immediately, follows a successful integration process and will be reflected in all marketing and communications, including a new website at www.gmpsecuritiesllc.com.
"The new name is a logical step which communicates to all of our clients where we're headed as an organization," said Harris Fricker, CEO of GMP. "What matters most is that MTR's clients will continue to benefit from our ongoing commitment to excellence in sales, trading, research, and most importantly, exceptional customer service - only our name is different. The renaming to GMP Securities, LLC aligns the company under the GMP brand, which, we believe, generates greater awareness of the expanded capabilities and expertise available to our global client base."
ABOUT GMP SECURITIES, LLC
GMP Securities, LLC is a New York headquartered institutional fixed income boutique specializing high yield and distressed debt, convertible bonds, international bonds, investment grade debt and asset-backed securities. GMP Securities, LLC, through its predecessors, was established in 1991, and has offices located in New York, Dallas and Miami. GMP Securities, LLC is registered as a broker dealer in the United States and is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.
ABOUT GMP CAPITAL INC.
GMP Capital Inc. ("GMP") is a leading independent diversified financial services firm headquartered in Toronto, Canada, providing a wide range of financial products and services to a client base that includes corporate clients, institutional investors and high-net-worth individuals in three integrated reporting segments. The Capital Markets segment provides investment banking, including advisory and underwriting services, institutional sales and trading and research through offices located in Toronto, Montreal, Calgary, New York, Miami, Dallas, London, Perth and Sydney. The Capital Markets segment conducts its business through the following operating entities: GMP Securities L.P., GMP Securities, LLC, Griffiths McBurney Corp., GMP Securities Europe LLP and GMP Securities Australia Pty Limited. Wealth Management consists of GMP's non-controlling ownership interest in Richardson GMP Limited, a full-service independent firm focused on providing exclusive and comprehensive wealth management and investment services delivered by an experienced team of investment professionals. The Alternative Investments segment consists of the investment management and alternative investment products provided by GMP Investment Management L.P. GMP is listed on the Toronto Stock Exchange under the symbol "GMP". For further information, please visit our corporate website at gmpcapital.com.
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